Wikinvest Wire

Don't cross the streams!

Thursday, September 03, 2009

Now here's something you don't see very often - the Kitco three-day gold chart with just the briefest of crossings yesterday morning at around $955 an ounce. IMAGE The yellow metal appears determined to cross the $1,000 mark, now having clearly broken out of the "wedge" pattern that had contained it in recent months. Surely, the technical traders have worked themselves into a frenzy by now...

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